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Update acquisition cost for tax area only in Asset Accounting

former_member229982
Participant
0 Kudos
331

I had accidentally made an acquisition posting in the current year with say Rs 100 in book area and Rs 100 in tax area. So the depreciaiton was calculated accordingly. However, I got to understand that the asset is not relevant for tax area and should have been Rs 0 for tax area only.

Now since depreciaiton runs have been already posted, my tax area has now an acquisition cost and depreciation amounts and a WDV. I want to eliminate all of these for some particular assets only. No changes to book area is required.

I cannot post any revaluation/retirement etc. in tax area since it will report losses,etc in tax area reports. I simply want to update the acquision cost to zero for tax area only.

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Answers (1)

Answers (1)

ajaycwa1981
Active Contributor
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The answers depends if you are in ECC (old asset acc) or S4 Hana (new asset accounting)

In ECC, you would need a new Tr. Type restricted to tax area (Copy of TTY 101 and post the correction from ABSO or AB01

In S/4 HANA, you can post a entry from AB01L